# Who Invests With TPG: 119 Co-Investors (2026)

> The 119 investors that have backed two or more of the same startups as TPG, by kind: vc firms, private equity and asset managers and corporate investors.

Source: https://millionrounds.com/portfolio-maps/tpg-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

71

- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [Fidelity](https://millionrounds.com/fund/fidelity)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Founders Fund](https://millionrounds.com/fund/founders-fund)
- [SV Angel](https://millionrounds.com/fund/sv-angel)
- [Wellington Management](https://millionrounds.com/fund/wellington-management)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- [Novo Holdings](https://millionrounds.com/fund/novo-ventures)
- [Coatue](https://millionrounds.com/fund/coatue-management)
- [Temasek Holdings](https://millionrounds.com/fund/temasek)
- [IVP](https://millionrounds.com/fund/ivp)
- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)
- [Accel](https://millionrounds.com/fund/accel)
- [Domain Associates](https://millionrounds.com/fund/domain-associates)
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [Felicis](https://millionrounds.com/fund/felicis-ventures)
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest)
- [Emergence Capital](https://millionrounds.com/fund/emergence-capital)
- [F-Prime Capital](https://millionrounds.com/fund/f-prime)
- [Sound Ventures](https://millionrounds.com/fund/sound-ventures)

+47 more

## Private equity and asset managers

23

- [BlackRock](https://millionrounds.com/fund/blackrock)
- [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price)
- [OrbiMed](https://millionrounds.com/fund/orbimed)
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management)
- [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors)
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton)
- [GIC](https://millionrounds.com/fund/gic)
- [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management)
- [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group)
- [General Atlantic](https://millionrounds.com/fund/general-atlantic)
- [TCV](https://millionrounds.com/fund/tcv)
- [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)
- [DST Global](https://millionrounds.com/fund/dst-global)
- [Blackstone Group](https://millionrounds.com/fund/blackstone-group)
- [Foresite Capital](https://millionrounds.com/fund/forsite-capital)
- [Vivo Capital](https://millionrounds.com/fund/vivo-capital)
- [*HC* Hillhouse Capital Group](https://millionrounds.com/fund/hillhouse-capital-group)
- [Blue Owl](https://millionrounds.com/fund/blue-owl)
- [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus)
- [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors)
- [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners)
- [*PG* Psilos Group](https://millionrounds.com/fund/psilos-group)

## Corporate investors

11

- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Google Ventures](https://millionrounds.com/fund/gv)
- [Microsoft](https://millionrounds.com/fund/microsoft)
- [SR One](https://millionrounds.com/fund/sr-one)
- [Pfizer](https://millionrounds.com/fund/pfizer)
- [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures)
- [Intel Capital](https://millionrounds.com/fund/intel-capital)
- [Cisco Investments](https://millionrounds.com/fund/cisco-investments)
- [SoftBank BB Corp](https://millionrounds.com/fund/softbank)
- [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office)
- [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank)

## Growth funds

10

- [TPG Sourcing Advisors, LLC](https://millionrounds.com/fund/tpg-sourcing-advisors-llc)
- [*QB* Qatar Ban](https://millionrounds.com/fund/qatar-ban)
- [WCM Investment Management](https://millionrounds.com/fund/wcm-investment-management)
- [MGX](https://millionrounds.com/fund/mgx)
- [*EM* Evolution Media Partners](https://millionrounds.com/fund/evolution-media-partners)
- [*II* IVP (Institutional Venture Partners)](https://millionrounds.com/fund/ivp-institutional-venture-partners)
- [*TB* TPG Biotechnology Partners](https://millionrounds.com/fund/tpg-biotechnology-partners)
- [Citibank](https://millionrounds.com/fund/citi)
- [*CI* CPP Investments](https://millionrounds.com/fund/cpp-investments)
- [D. E. Shaw Ventures](https://millionrounds.com/fund/d-e-shaw-ventures)

## Accelerators

4

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Google](https://millionrounds.com/fund/google-assistant-investments)
- [In-Q-Tel](https://millionrounds.com/fund/iqt)
- [Thrive Capital](https://millionrounds.com/fund/thrive-capital)

## Segment by segment

### VC firms

71 investors

- [**New Enterprise Associates**](https://millionrounds.com/fund/new-enterprise-associates) VC firm United States 10 backed
- [**Fidelity**](https://millionrounds.com/fund/fidelity) VC firm United States 10 backed
- [**Andreessen Horowitz**](https://millionrounds.com/fund/andreessen-horowitz) VC firm United States 9 backed
- [**Founders Fund**](https://millionrounds.com/fund/founders-fund) VC firm United States 8 backed
- [**SV Angel**](https://millionrounds.com/fund/sv-angel) VC firm United States 7 backed
- [**Wellington Management**](https://millionrounds.com/fund/wellington-management) VC firm United States 6 backed
- [**General Catalyst**](https://millionrounds.com/fund/general-catalyst) VC firm United States 6 backed
- [**Tiger Global Management**](https://millionrounds.com/fund/tiger-global-management) VC firm United States 6 backed

### Private equity and asset managers

23 investors

- [**BlackRock**](https://millionrounds.com/fund/blackrock) Asset manager United States 9 backed
- [**T. Rowe Price**](https://millionrounds.com/fund/t-rowe-price) Private equity United States 6 backed
- [**OrbiMed**](https://millionrounds.com/fund/orbimed) Private equity United States 5 backed
- [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 4 backed
- [**Perceptive Advisors**](https://millionrounds.com/fund/perceptive-advisors) Asset manager United States 4 backed
- [**Goldman Sachs**](https://millionrounds.com/fund/goldman-sachs) Private equity United States 4 backed
- [**Franklin Templeton**](https://millionrounds.com/fund/franklin-templeton) Private equity United States 4 backed
- [**GIC**](https://millionrounds.com/fund/gic) Private equity Singapore 4 backed

### Corporate investors

11 investors

- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 5 backed
- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 3 backed
- [**Microsoft**](https://millionrounds.com/fund/microsoft) Corporate investor United States 3 backed
- [**SR One**](https://millionrounds.com/fund/sr-one) Corporate investor United States 2 backed
- [**Pfizer**](https://millionrounds.com/fund/pfizer) Corporate investor United States 2 backed
- [**Comcast Ventures**](https://millionrounds.com/fund/comcast-ventures) Corporate investor United States 2 backed
- [**Intel Capital**](https://millionrounds.com/fund/intel-capital) Corporate investor United States 2 backed
- [**Cisco Investments**](https://millionrounds.com/fund/cisco-investments) Corporate investor United States 2 backed

### Growth funds

10 investors

- [**TPG Sourcing Advisors, LLC**](https://millionrounds.com/fund/tpg-sourcing-advisors-llc) Growth fund United States 4 backed
- [*QB* **Qatar Ban**](https://millionrounds.com/fund/qatar-ban) Growth fund Qatar 3 backed
- [**WCM Investment Management**](https://millionrounds.com/fund/wcm-investment-management) Growth fund United States 3 backed
- [**MGX**](https://millionrounds.com/fund/mgx) Growth fund India 3 backed
- [*EM* **Evolution Media Partners**](https://millionrounds.com/fund/evolution-media-partners) Growth fund - 2 backed
- [*II* **IVP (Institutional Venture Partners)**](https://millionrounds.com/fund/ivp-institutional-venture-partners) Growth fund - 2 backed
- [*TB* **TPG Biotechnology Partners**](https://millionrounds.com/fund/tpg-biotechnology-partners) Growth fund - 2 backed
- [**Citibank**](https://millionrounds.com/fund/citi) Growth fund United States 2 backed

### Accelerators

4 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 5 backed
- [**Google**](https://millionrounds.com/fund/google-assistant-investments) Accelerator United States 3 backed
- [**In-Q-Tel**](https://millionrounds.com/fund/iqt) Accelerator United States 2 backed
- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital) Accelerator United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as TPG, in rounds we track. Grouped by kind, each ranked by how many startups it shares with TPG. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **TPG portfolio map** 90 startups · $437B](https://millionrounds.com/portfolio-maps/tpg-portfolio-map)[Sector portfolio **TPG's Biotech portfolio** 26 startups · $3.5B](https://millionrounds.com/portfolio-maps/tpg-biotech-portfolio)[Sector portfolio **TPG's Fintech portfolio** 10 startups · $4.1B](https://millionrounds.com/portfolio-maps/tpg-fintech-portfolio)[Co-investors **Who invests with Gaingels** 610 co-investors](https://millionrounds.com/portfolio-maps/gaingels-co-investors)[Co-investors **Who invests with Goldman Sachs** 398 co-investors](https://millionrounds.com/portfolio-maps/goldman-sachs-co-investors)[Co-investors **Who invests with General Atlantic** 207 co-investors](https://millionrounds.com/portfolio-maps/general-atlantic-co-investors)

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